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Mortgage rates have dropped to the lowest levels in history, aided by the coronavirus stimulus standoff

from The Philadelphia Inquirer

Mortgage rates have dropped to the lowest levels in history, aided by the coronavirus stimulus standoff The Philadelphia Inquirer The federal government's inability to come to an agreement on a coronavirus relief package has been good for mortgage rates. The 30-year fixed mortgage rate, the most popular home loan product, sank to its lowest level on record. It fell to 2.88% with an average 0.8 point, according to the latest data released recently by Freddie Mac. READ MORE

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